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The Suez Canal handled 1,490 vessels in October, up 32% from a year earlier, while revenue increased 94% and net tonnage rose 86%. Drewry said 60% of Asia-Europe capacity had returned to the Suez route; its World Container Index fell 1% to $4,389 per 40-foot container in the November 5 assessment.
More vessels returning to the Suez route and improving capacity availability ease congestion and freight costs, reducing the delivered cost of imported feed commodities. The reported rate decline is mildly bearish for ocean freight.
containersignal.comContainerSignal EditorialNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
